Signs of recovery seen in Estonian retail sector

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Some retailers in Estonia have said the first green shoots of economic recovery are visible, while others have pointed more towards stabilization.This recovery in consumption will anyway not be swift, “Aktuaalne kaamera” reported.

Food sales volumes are still lower than they were a year ago, for instance.

Publicly traded company TKM Grupp reported a €6.5 million loss in the first quarter, which is four times greater than the same period last year.However, the company’s CEO, Raul Puusepp, says some positive signs are emerging.

Read more: ERR.EE

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